Saudi Arabia has decided to invest heavily in oil to further strengthen its position in the energy market after facing US restrictions on its AI investment. This restrictive measure is a measure taken by the Biden team to curb China's rise in the chip field, but it has implicated Middle Eastern countries. After the United States imposed restrictions on Huawei, Google, Qualcomm and other companies, Huawei was forced to divest the Honor mobile phone business, and Kirin chips are also facing a shutdown. However, Huawei's efforts have not diminished, and its high-end Kirin 9000s chips have been a huge success in the market. Although the Biden team questioned whether Huawei could independently manufacture 7nm chips, Huawei had actually made a major breakthrough. However, the Biden team still does not believe in China's capabilities, and has begun to search for various possibilities and impose restrictions on AI chips from companies such as Nvidia and AMD. At the same time, the U.S. has also forced Saudi Arabia to withdraw from U.S.-based AI investments, which has drawn outrage from Saudi Arabia, which has threatened to end the petrodollar deal and use currencies other than the U.S. dollar in specific markets. Saudi Arabia is also cooperating more closely with China, and with the so-called United States"Allies"The relationship has died in name only. The United States has been resorting to plundering energy resources, but if other countries stop cooperating, the consequences will be dire. The U.S.-China technology competition has entered a new stage, what do we think about it?
The Biden team's restrictions on AI investment have had a huge impact on the global tech industry. Huawei, China's tech giant, has been hit hard. However, in the face of adversity, Huawei did not get discouraged and sought a breakthrough. They successfully launched the high-end Kirin 9000s chip, which was a huge success in the market. The birth of this chip not only reflects Huawei's technical strength, but also highlights the rise of China's chip industry.
As a major oil exporter, Saudi Arabia has been playing an important role in the global energy market. In the face of US restrictions, Saudi Arabia decided to shift its focus to investments in the oil sector. This is not only a response to US restrictions, but also a wise choice made by Saudi Arabia in terms of its own interests and development strategy. After all, oil is still an important part of global energy demand, and Saudi Arabia's advantage in the oil sector cannot be ignored.
The United States is trying to curb China's rise in the tech sector by restricting imports of AI chips. However, this restriction did not work, and instead caused a series of unexpected ripple effects. Saudi Arabia, as a Middle Eastern country, has also been affected by restrictions, which has triggered the anger of Saudi Arabia. The Saudis have opted for a hard-nosed approach, threatening to end the petrodollar deal, which undoubtedly poses a serious challenge to the United States.
The Saudi counterattack is a huge wake-up call for the United States. The United States has always taken tough measures to protect its own interests, but this approach is not advisable. In the context of globalization, cooperation between countries is necessary, and unilateral restrictions can only lead to greater confrontation and contradictions. Saudi Arabia's attitude has shown the world an important truth: only equal, fair and mutually beneficial cooperation can bring about a real win-win situation.
In the context of the technological competition between China and the United States, various countries are inevitably involved. This has also sparked reflections and concerns about China-US relations. As ordinary people, we cannot influence policies and decisions between countries, but we can promote the development of harmonious coexistence through rational thinking and action. It is only through true cooperation and mutual respect that the global tech industry can flourish and prosper.
To sum up, the U.S. move to restrict AI investment has sparked global confrontation and strife. Saudi Arabia, as one of the countries affected by the restrictions, has taken a tough counterattack. They sent a strong message to the United States by threatening to end the petrodollar deal. It has also sparked reflection on U.S.-China technology competition and global cooperation. In the current complex situation, we need to abandon unilateral restrictions and suppression, and promote equal, fair and mutually beneficial cooperation among countries in order to achieve true win-win results and harmonious coexistence.